Mansour Khalili Araghi; Yazdan Gudarzi Farahani
Abstract
This paper aims to study the relationship between intellectual property and patent and economic growth in Islamic countries for the period of 1990 – 2010. This theoretical basis of the model is constructed on economic growth models in 1990s. The technique which we employed is the index of patents to ...
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This paper aims to study the relationship between intellectual property and patent and economic growth in Islamic countries for the period of 1990 – 2010. This theoretical basis of the model is constructed on economic growth models in 1990s. The technique which we employed is the index of patents to measure the impact on economic growth. To analysis this relationship we use “Pedroni Cointegration” method and FMOLS estimation. The results indicate that intellectual property and protection of patent has a positive and significant impact on economic growth. Furthermore, it has been found a casual relationship between degree of economic openness, ICT, human development and economic growth. Hence, we conclude that the more protection of intellectual property the more economic growth.
Ebrahim Rahbari; Mohammad Hossein Ghiasi; Yazdan Gudarzi Farahani
Abstract
This article Identifying the effect of competition law on productivity growth, by using a panel data for developing countries. For this purpose, the dynamic panel models have been used to estimate relationships between variables and, the generalized method of moments (GMM). fixed effects and random effects ...
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This article Identifying the effect of competition law on productivity growth, by using a panel data for developing countries. For this purpose, the dynamic panel models have been used to estimate relationships between variables and, the generalized method of moments (GMM). fixed effects and random effects are estimated.
The evidences show that the effect exhibits an asymmetrical pattern depending on the stage of development for each country. For the poor and less developed countries (LDCs) whose institutional frameworks cannot exceed a threshold level, competition law has a very limited effect on changing economic activity, and its legislation is neither harmful nor helpful in terms of market competition or economic growth. As to the developed countries (DCs) and middle-income LDCs, although their institutional frameworks have passed the threshold level, the effect of competition law on growth still depends on the law enforcement efficiency of the government. Without an efficient enforcement scheme, a stronger competition law not only cannot support productivity growth, but might also slow down the potential path of growth.
